Cocoa is the foundation of the global chocolate industry and one of the most sensitive agricultural commodities. Produced mainly in West Africa, cocoa supply depends heavily on weather conditions, crop diseases and political stability. While Europe remains the primary processing hub, global demand for premium and artisanal chocolate continues to grow. This trend increases pressure on supply chains to improve sustainability, transparency and farmer incomes. Price volatility is amplified by financial speculation and structural supply constraints. Cocoa represents both indulgence and responsibility. Read more to understand how cocoa prices are formed, why supply chains face persistent challenges, and how sustainability initiatives are shaping the long-term future of chocolate worldwide.